West Bengal based and since long ailing, Haldia Petrochemicals Ltd (HPL) is expected to reopen its plant as lenders have agreed to infuse fresh funds into the loss making company. After Purnendu Chatterjee, chairman of The Chatterjee ...
Tags: technical snag, Textile
Strong regional multi-stakeholder partnerships will be the key for a dynamic, flexible and growth-driven petrochemicals industry, said industry experts at the sixth Supply Chain conference, organized by the Gulf Petrochemicals and Chemicals ...
Tags: Petrochem, Metallurgy, Mineral, Energy
With the aim of boosting petrochemical output and increasing employment, Iran is planning expansion of petrochemical projects in the western provinces of the country, said Mohammad Hassan Peyvandi, deputy executive manager of the National ...
The U.S. Trade and Development Agency (USTDA) has awarded a US$ 257,000 grant to Honeywell Group Limited (Lagos, Nigeria) for a project that will assess different product streams for petrochemical facilities in Nigeria. Under the ...
Japanese companies are willing to invest in Iran’s petrochemical sector, Japanese Ambassador to Tehran Koji Haneda has said, FARS News Agency reported. During a tour of Ilam petrochemical complex in Western Iran, Mr. Haneda said ...
Tags: petrochemical, Chemicals, petroleum
European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
European imports of polyethylene terephthalate shot up by over 30% in 2013, according to Eurostat data published this week, and market participants believe that the specter of imports continues to loom over European producers. From ...
The petrochemical industry of the six-member Gulf Cooperation Council (GCC) has taken positive steps towards achieving environmental sustainability over the last two years, said Abdulwahab Al Sadoun, secretary general, of the Gulf ...
Tags: Petrochem Sector, Textile
South Korea's November exports of isomer-grade mixed xylenes fell 14% from October to 27,372 mt due to a turnaround and lower shipments to key market China, data released Monday by the Korea Customs Service showed. South Korea exported ...
Tags: Petrochemical, Energy
U.S. prices for polyvinyl chloride (PVC), the plastic most widely used in construction, are set to rise by five cents per pound in the first two months of 2014. This is a significant price increase in a market that will see producers end ...
Tags: PVC, construction
The State Oil Company of Azerbaijan (SOCAR) along with the State Committee on Standardization, Metrology and Patents of Azerbaijan, will be developing new national standards for the upcoming oil-gas refining and petrochemical production ...
Tags: Petrochem Complex, Metallurgy, Mineral, Energy
The Gulf Petrochemicals and Chemicals Association (GPCA) is all set to host its 8th Annual GPCA Forum, scheduled to be held from November 19 to 21, 2013, in the city of Dubai in United Arab Emirates (UAE). According to GPCA, the 8th ...
The Western Asian Arab country of Kuwait’s state owned petrochemical firm, Petrochemical Industries Company (PIC) is expecting an annual 46 percent increase in its production capacity after the initiation of new strategic projects for ...
Work on construction of a US$ 4.5 billion petrochemical complex in Vietnam, a joint venture of Qatar Petroleum International (QPI) and Thailand-based Siam Cement Group (SCG) and its Vietnamese partners - PetroVietnam (PVN) and Vinachem, is ...
Tags: Petrochem, Siam Cement Group
The State Oil Company of Azerbaijan (SOCAR) has announced plans to start construction of a new petrochemical processing complex at the industrial complex of Sangachal Terminal in south Baku region of the country. SOCAR president Rovnag ...